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Formula One Group

FWONA

NASDAQCommunication ServicesEntertainment

Open in GoAI

Previous close

$96.52

+$0.92 · +0.96%

Aug 21, 4:00 PM ET

Pre-market

$95.00

−$1.52 · -1.57%

Aug 24, 9:27 AM ET

FWONA company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

92

Deep Value

Momentum

56

Neutral

Sentiment

49

Mixed

Risk resilience

76

Moderate Risk

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Company profile

Company website

Formula One Group is involved in the motorsports industry, conducting business both in the United States and globally. Its primary function is holding the commercial rights to the Formula One World Championship, an extensive motor racing series that unfolds over approximately nine months each year. In this competition, teams contend for the constructors' championship, while individual drivers vie for the drivers' championship. The company was founded in 1950 and maintains its headquarters in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation.

Industry
Entertainment
Sector
Communication Services
Headquarters
US
CEO
Stefano Domenicali
Listed since
Jan 10, 2013
Employees
1,674

Market position

Day range

Current $96.52

52-week range

Current $96.52

Open
$96.07
Previous close
$95.60
Volume
46.97K
0.31× average
Average volume
150.37K
Average daily volume
Market cap
24.19B USD
Beta
0.71
Market reference 1
50-day average
$89.6756
+7.63% above average
200-day average
$84.5085
+14.21% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
26.41B USD
EV / EBITDA
22.89×
Earnings yield
2.48%
Free cash flow yield
3.36%

Profitability & efficiency

Return on equity
7.15%
Return on assets
3.60%
Return on invested capital
3.38%

Financial health

Current ratio
1.46×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends36%20%3%-13%Gross margin, FY2021: 30.29%Gross margin, FY2022: 31.99%Gross margin, FY2023: 30.48%Gross margin, FY2024: 31.89%Gross margin, FY2025: 24.94%Operating margin, FY2021: 1.87%Operating margin, FY2022: 6.72%Operating margin, FY2023: 9.22%Operating margin, FY2024: 7.86%Operating margin, FY2025: 13.48%Net margin, FY2021: -8.90%Net margin, FY2022: 21.69%Net margin, FY2023: 5.74%Net margin, FY2024: -0.82%Net margin, FY2025: 12.38%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 30.29%. Gross margin FY2022 31.99%. Gross margin FY2023 30.48%. Gross margin FY2024 31.89%. Gross margin FY2025 24.94%. Operating margin FY2021 1.87%. Operating margin FY2022 6.72%. Operating margin FY2023 9.22%. Operating margin FY2024 7.86%. Operating margin FY2025 13.48%. Net margin FY2021 -8.90%. Net margin FY2022 21.69%. Net margin FY2023 5.74%. Net margin FY2024 -0.82%. Net margin FY2025 12.38%.

Income trends

Revenue

4.48B USD+22.69%

Operating income

604M USD+110.45%

Net income

555M USD+585M USD
Income trends across reported periods4.95B USD3.08B USD1.21B USD−657.2M USDRevenue, FY2021: 2.14B USDRevenue, FY2022: 2.57B USDRevenue, FY2023: 3.22B USDRevenue, FY2024: 3.65B USDRevenue, FY2025: 4.48B USDOperating income, FY2021: 40M USDOperating income, FY2022: 173M USDOperating income, FY2023: 297M USDOperating income, FY2024: 287M USDOperating income, FY2025: 604M USDNet income, FY2021: −190M USDNet income, FY2022: 558M USDNet income, FY2023: 185M USDNet income, FY2024: −30M USDNet income, FY2025: 555M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.14B USD. Revenue FY2022 2.57B USD. Revenue FY2023 3.22B USD. Revenue FY2024 3.65B USD. Revenue FY2025 4.48B USD. Operating income FY2021 40M USD. Operating income FY2022 173M USD. Operating income FY2023 297M USD. Operating income FY2024 287M USD. Operating income FY2025 604M USD. Net income FY2021 −190M USD. Net income FY2022 558M USD. Net income FY2023 185M USD. Net income FY2024 −30M USD. Net income FY2025 555M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue4.48B USD3.65B USD3.22B USD2.57B USD2.14B USD
Cost of goods sold3.36B USD2.49B USD2.24B USD1.75B USD1.49B USD
Gross profit1.12B USD1.17B USD982M USD823M USD647M USD
Selling, general, and administrative35M USD408M USD316M USD288M USD—
Operating expenses514M USD878M USD685M USD650M USD607M USD
Interest expense28M USD208M USD214M USD149M USD123M USD
Depreciation and amortization393M USD352M USD369M USD362M USD397M USD
Operating income604M USD287M USD297M USD173M USD40M USD
Net income555M USD−30M USD185M USD558M USD−190M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 5 misses, 0 met estimates
Average EPS surprise
+104.59%
11 comparable reports
Latest EPS result
0.02
Estimate 0.24 · Miss by 91.69%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.720.74-0.25-1.23Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual -1.03, estimate 0.43, surprise -339.53%, Miss. Q2 2025, reported May 6, 2025: actual 0.05, estimate -0.1, surprise +149.81%, Beat. Q3 2025, reported Aug 7, 2025: actual 1.52, estimate 0.625, surprise +143.20%, Beat. Q4 2025, reported Nov 5, 2025: actual 0.24, estimate 0.252, surprise -4.61%, Miss. Q1 2026, reported Feb 26, 2026: actual 0.39, estimate 0.367, surprise +6.18%, Beat. Q2 2026, reported May 7, 2026: actual 0.22, estimate -0.053, surprise +517.30%, Beat. Q3 2026, reported Aug 6, 2026: actual 0.02, estimate 0.241, surprise -91.69%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.6, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.7B1.26B806.54M357.79MQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual 1.17B USD, estimate 1.35B USD, surprise -13.40%, Miss. Q2 2025, reported May 6, 2025: actual 447M USD, estimate 420.93M USD, surprise +6.19%, Beat. Q3 2025, reported Aug 7, 2025: actual 1.34B USD, estimate 1.25B USD, surprise +7.02%, Beat. Q4 2025, reported Nov 5, 2025: actual 1.09B USD, estimate 1.04B USD, surprise +4.62%, Beat. Q1 2026, reported Feb 26, 2026: actual 1.61B USD, estimate 1.55B USD, surprise +3.59%, Beat. Q2 2026, reported May 7, 2026: actual 711M USD, estimate 675.88M USD, surprise +5.20%, Beat. Q3 2026, reported Aug 6, 2026: actual 934M USD, estimate 954.37M USD, surprise -2.13%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate 1.24B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$119.5

23.81% upside
Past 12 months12-month forecast

Price history unavailable

High $124Average $119.5Low $115

Rating distribution

20 ratings
Strong buy00%
Buy1575%
Hold420%
Sell15%
Strong sell00%

Recent analyst actions

7 institutions
CitizensmaintainMarket Outperform
Deutsche BankmaintainHold
RosenblattmaintainBuy
Wolfe ResearchupgradePeer PerformOutperform

FWONA news

globenewswire.com

Spieren voor Spieren wins Dutch F1® Allwyn Global Community Award to transform lives through adaptive sport

The F1® Allwyn Global Community Award 2026 trophy presented to Monique Maks (Director) and Ronald de Boer (former footballer and ambassador) of winning local charity Spieren voor Spieren at the FORMULA 1® HEINEKEN DUTCH…

Read source
businesswire.com

Liberty Media Corporation Prices Private Offering of $600 Million of 2.375% Convertible Senior Notes Due 2032

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Prices Private Offering of $600 Million of 2.375% Convertible Senior Notes Due 2032.

Read source
businesswire.com

Liberty Media Corporation Proposes Private Offering of Convertible Senior Notes

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Proposes Private Offering of Convertible Senior Notes.

Read source
defenseworld.net

Arrowstreet Capital Limited Partnership Buys Shares of 5,929 Liberty Media Corporation – Liberty Formula One Series A $FWONA

Arrowstreet Capital Limited Partnership purchased a new stake in Liberty Media Corporation - Liberty Formula One Series A (NASDAQ: FWONA) in the undefined quarter, according to the company in its most recent Form 13F…

Read source
reuters.com

Steiner sees huge potential for MotoGP with Liberty Media

MotoGP has immense potential for growth under new owners Liberty Media and can be compared ‌to the Formula One of 20 years ago, KTM Tech3 owner and former Haas F1 team boss Guenther Steiner said on Thursday.

Read source
defenseworld.net

Liberty Media Corporation – Liberty Formula One Series A (FWONA) to Announce Earnings on Thursday

Liberty Media Corporation - Liberty Formula One Series A (NASDAQ: FWONA - Get Free Report) is projected to announce its results before the market opens on Thursday, August 6th. Analysts expect Liberty Media Corporation -…

Read source

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